iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW)
iShares High Yield Corporate Bond BuyWrite Strategy ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $28.89, up 0.14% on the session, giving a market capitalisation of $247.1M. Its beta of 0.30 implies it has historically moved less than the broad market.
The iShares High Yield Corporate Bond BuyWrite Strategy ETF aims to mirror the investment outcomes of an index. This index implements a strategy that entails holding the iShares iBoxx $ High Yield Corporate Bond ETF and simultaneously selling one-month covered call options against those holdings to produce income.
iShares High Yield Corporate Bond BuyWrite Strategy ETF is most often compared with the following Financial Services names: